Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report

November 27, 2015

"Over recent decades, an incredibly disproportionate share of America's income and wealth gains has flowed to the top of our economic spectrum. At the tip of that top sit the nation's richest 400 individuals, a group that Forbes magazine has been tracking annually since 1982," write IPS's Chuck Collins and Josh Hoxie, the report's authors. "Americans at the other end of our economic spectrum, meanwhile, watch their wages stagnate and savings dwindle."

 

Jake Johnson, “Three Richest Americans Now Own More Wealth Than Bottom Half of US Combined: Report,” CommonDreams, November 14, 2017

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